HomeMy WebLinkAbout01-2175 PARTIES FINANCING STATEMENT
Debtor name (last name first if individual) and mailing address: Uniform Commerical Code Form UCC-1
IMPORTANT-- Please read instructions on
Ridley Park Investors Limited Partnershi reverse side of page 4 before completing
c / o Ridley Park Management, Inc. Filing No. (stamped by filing officer): Date, Time, Filing Office (stamped by filing officer):
444 East College Avenue
State College, PA 16801 ~.~/' ~?~ ~C~
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Debtor name (last name first if individual) and mailing address: ~-- · ..... .
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This Financing Statement is presented for filing pursuant to the Up~r~r~ Commercial Code,and is to be
la filed with the (check applicable box)' :i~'~. i..' '"*~
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Debtor name (last name first if individual) and mailing address: I--3 Secretary of the Commonwealth. ~:... · ..... i' ....: ' ....
· .. .....
~ Prothonotary of _ Cumb e rland ~.'.~.~ ..... County.
I--I Real Estate Records of .... '. ~.,', "*:.*:** County.
6
lb Number of Additional Sheets (if any): 7
Secured Party(les) name(s) (last name first if individual) and address for Identification (Max. 10 characters) 8
security interest information: COLLATERAL
Legg Mason. Real Estate Services, Inc. Identify collateral b¥ item and/or type:
15050 NW 79th Court, Sulte 101 All machinery, equipment, furniture, movable trade
Miami Lakes, FL 33016 fixtures and other personal property whether presently
on or hereafter placed upon the real property described
2 below owned by the Debtor and used in connection
Assignee(s) of Secured Party name(s) (last name first if individual) ancl with the management, maintenance and ooeration of
address for security interest information: said real property, as more particularly described
Federal Home Loan Mortgage Corporation on Exhibit B attached hereto, together w*ith all
8100 Jones Branch Drive rep:Lacement~, substitutions thereof, and all
McLean, VA 22102 proceeds (including *insurance and condemnation) and
FHLMC Loan No. 002771519 products thereof.
2b
Special Types of Parties (check if applicable): r--1 (check only if desired) Products of the collateral are also covered. 9
I--'1 The terms "Debtor" and "Secured Party" mean "Lessee" ancl "Lessor,"
respectively. Identify related real estate, if applicable: The collateral is, or includes (check appropriate box(
I--1 The terms "Debtor" and "Secured Party" mean "Consignee" and a. I--'1 crops growing or to be grown on --
"Consignor," respectively, b. ~ goods which are or are to become fixtures on --
l--I Debtor is a Transmitting Utility. c. I---I minerals or the like (including oil and gas) as extracted on --
3 d. [--1 accounts resulting from the sale of minerals or the like (including oil and gas) at the wellhead or
mineheacl on --
SECURED PARTY SIGNATURE(S) the following real estat~arshall Dr., Stephen Rd.pA&Dulles Dr.
This statement is filed with only the Secured Party's signature to Street Address: Ea~ t P ennsbo rD T_,~qownshlp,
perfect a security interest in collateral (check applicable box(es))--
Described at: Book 72 of (check one) ~ Deeds F-1 Mortgages, at Page(s) ] O24,
a. [--1 acquired after a change of name, identity or corporate structure for C umb e.r'l and County. Uniform Parcel Identifier 09-17- ] O & 2-1~
09-17-1042-076 '
of the Debtor. ~ Described on Additional Sheet,gee Exhib it A 09-17-1042-108
b. I--1 as to which the filing has lapsed. Name of record owner (required only if no DebtOr has an interest of record):
c. already subject to a security interest in another county in Penns 10
I--] when the collateral was moved to this county. DEB'i'OR SIGNATURE(S)
1---1 when the DebtOr's residence or place of business was moved toDebtor Signature(s)'
this county. RIDLEY PAP, K INVESTORS LIMITED PARTNERSHIP,
cl. alreacly subject to a security interest in another jurisdiction-- 1 a Pennsylvania limited partnership
I---1 when the collateral was moved to Pennsylvania. BY' RIDLEY PA.2~I MANAGEMENT, INC., a P~nnsylvania
1--1 when the Debtor's location was moved to Pennsylvania. la corporation, its general_partner//
e. I---1 which is proceeds ofthe collateral describecl in block 9, in which a ~,,~~ ,~~.,~__.,~,~///_,,~,
security interest was previously perfected (also describe proceeds lb By:
in block 9, if purchased with cash proceeds and not adequately -- 11
described on the original financing statement). R~YURN RECEIPT]~rk X. DiSant~o, V~c~'-ident
Secured Party Signature(s)
(required only if box(es)is checked above): Paul C. Taylor, Esq.
LEGG MASON REAL ESTATE SERVICES, INC. Taylor & Colicchio, LLP
502 Carnegie Center, Suite 103
By: See attached signature addendum. Princeton, New Jersey 08540
~~ ~tc~a~~dent
STANDARD FORM UCC-1 "
Approved by Secretary of Commonwealth of Pennsylvania FILING OFFICE ORIGINAL
Printed by Julius elumbero, Inc., NYC 10013 NOTE- This page will not be returned by the Department of State.
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· 'THIS FILING IS WITH' THE DEPARTMENT OF STATE. SEND ONLY' THIS PAGE.
SIGNATURE ADDENDUM TO FINANCING STATEMENT
LEGG MASON REAL ESTATE
SERVICES, INC., a Pennsylvania
Corporation
By:
Robert W
Senior Vice President
FHLMC Loan Number 002771519
EXHIBIT "A"
ALL T~OSE FOUR (4) CERTAIN tr
_situate in East Pennsbor~ ~ ......... ?.cts or parcels o,f land
~ ~u~nsn~p, Cumberland County
mennsylvania, more particularly bounded and described in
accordance with surveys of D. p. Raffensper~er, registered
surveyor, Camp Hill, Pennsylvania, as follows.
TRACT NO. 1
BEGINNING at a point at the Southwesterly corner of Dulles
Drive and Stephen Road; THENCE along the Westerly line of Stephen
Road, South 7 de~rees 7 minutes West 292.55 feet to a point;
THENCE in an arc having a chord bearing and distance of South 16
degrees 28 minutes 21 seconds East 190.33 feet and a radius of
237.80 feet in a Southeasterly direction to the left, 195.82 feet
to a point on the Westerly line of Stephen Terrace; THENCE along
same South 37 degrees 48 minutes West 67 feet to a point; THENCE
in an arc havin~ a chord bearin~ and distance of South 19 de~rees
31 minutes 34 seconds East 84.19 feet and a radius of 50 feet in
a Southeasterly direction to the left 100.08 feet to a point;
THENCE South 13 degrees 7 minutes West 114.70 feet to a point at
Northerly line of land now or late of Sundown Corporation; THENCE
along same South 77 degrees 7 minutes West 210.44 feet to a point
at line of other lands now or late of Glenwood Park, Inc.; THENCE
along same North 7 degrees 7 minutes East 785.90 feet to a point
on the Southerly line of Dulles Drive, aforesaid; THENCE along
same South 82 de~rees 53 minutes East 130 feet to a point the
place of BEGINNING. ,
BEING Lots Nos. 11 through 18, Block "A", in Plan No. 1 of
Ridley Park, which Plan is recorded in Plan Book 11, Page 26.
TRACT NO. 2
BEGINNING at the Westerly corner of Dulles Drive and Stephen
Road; THENCE along the Northerly line of Dulles Drive, North 82
degrees 53 minutes West 130 feet to a point at other lands now or
late of Glenwood Park, Inc.; THENCE alon~ same North 7 degrees 7
minutes East 591.40 feet to a point at other lands now or late of
Glenwood Park, Inc.; THENCE along same South 82 degrees 53
minutes East 66.50 feet to a point; THENCE FURTHER along same
North 86 de~rees 30 minutes East 162.95 feet to a
point on the Westerly line of Erford Road (West); THENCE along
same South 3 de~rees 30 minutes East 16.75 feet to a point; THENCE
FURTHER alon~ same in an arc havin~ chord bearin~ and distance of
South 16 de~rees 45 minutes 02 seconds East 82.51 feet and a
radius of 180 feet in a Southeasterly direction to the left 83.25
feet to a point on the Westerly line of Stephen Road; THENCE
alon~ same South 60 de~rees 00 minutes West 32.64 feet to a
point; THENCE FURTHER alon~ same in an arc havin~ a a chord
bearin~ and distance of South 33 de~rees 34 minutes 59 seconds
West 240.34 feet and a radius of 270 feet in a Southwesterly
direction to the left 249.21 feet to a point'; THENCE FURTHER
alon~ same South 7 de~rees 7 minutes West 294 62 feet to a point
the place of BEGINNING. ' ,
BEING Lot 1, Block "D", in Plan of Ridley Park No. 1, which
Plan is recorded in Plan Book 11, Pa~e 26, and bein~ Plan No. 5,
part of Block "D", of Ridley Park which Plan is recorded in Plan
Book 14, Pa~e 56. '
TRACT NO. 3
BEGINNING at a point on the SoUtherly line of Dulles Drive,
which point is 440 feet East of the Southeasterly corner of
Erford Road (West) and Dulles Drive; THENCE alon~ the Southerly
line of Dulles Drive North 60 de~rees, 00 minutes East 420 feet
to a point on the Westerly line of a 20 feet wide pedestrian
right of way; THENCE alon~ same South 30 de~rees, 00 minutes East
120 feet to a point at Northerly line of land now or late of East
Pennsboro Township Board of Education; THENCE alon~ same South 60
de~rees 00 minutes West 420 feet to a point; THENCE North 30
de~rees 00 minutes West 120 feet to a point, the place of BEGINNING.
BEING THE SAME PREMISES which Joan M. Pitnick, a widow, by
Deed dated February 6, 1998 and recorded March 3, 1998 in the
Office of the Recorder of Deeds in and for Cumberland County,
Pennsylvania, in Deed Book 172, Pa~e 1019, ~ranted and conveyed
unto Ridley Park Investors Limited Partnership, a Pennsylvania
limited partnership.
TRACT NO. 4
ALL THAT CERTAIN tract of land situate in East Pennsboro
Township, Cumberland County, Pennsylvania bounded and described
as follows- ,
BEGINNING at a point at the southwestern corner of the
intersection of Marshall Drive and Matthew Road; thence alon~ the
western line of said Matthew Road south 30 de~rees 00 minutes
east 115.0 feet to a point on the line of lands now or formerly
of Gordon E. Fry, Jr.; thence alon~ said lands now or formerly of
Gordon E. Fry, Jr. the followin~ courses and distances, south 60
de~rees 00 minutes west 110.0 feet to a point; south 30 de~rees
00 minutes east 116.0 feet to a point; north 60 de~rees 00
minutes east 110.0 feet to a point on the western line of Matthew
Road; thence alon~ said Matthew Road south 30 de~rees 00 minutes
east 100.0 feet to a point on the northeastern corner of Lot No.
13 of Ridley Park, Plan No. 1 as recorded in the Office of the
Recorder of Deeds, Cumberland County, Pennsylvania in Plan Book
No. 11, Pa~e 26,; thence alon~ the northern line of Lots Nos. 13,
12, 11, 10, 9, 8, 7, 6, 5, 4, on said Ridley Park Plan No. 1,
aforesaid, south 60 de~rees 00 minutes west 733.42 feet to a
point on the southeastern corner of Lot No. 2 of Ridley Park,
Plan No. 3 as recorded in the Office of the Recorder of Deeds,
Cumberland County, Pennsylvania in Plan Book No. 14, Pa~e 22;
thence alon~ eastern line of Lots Nos. 2 and 1 on said Ridley
Park, Plan No. 3, aforesaid, north· 30 de~rees 00 minutes west
165.0 feet to a point on the southern line of Marshall Drive
aforesaid; thence alon~ the southern line of said Marshall Drive
the followin~ courses and distances. North 60 de~rees 00 minutes
east 110.76 feet to a point; thence by a line curvin~ to the left
and havin~ a chord bearin~ and distance of North 43 de~rees 15
minutes 3 seconds East 144.09 feet, a radius of 250 feet an arc
distance of 146.17 feet to a point; thence north 26 de~rees 30
minutes east 235.0 feet to a point; thence by a line curvin~ to
the right and havin~ a chord bearin~ and distance of North 50
de~rees 14 minutes 53 seconds East 161.10 feet, a radius of 200
feet, and an arc distance of 165.81 feet to a point; thence North
74 de~rees 00 minutes East 134.0 feet to a point at the
intersection of said Marshall Drive and Matthew Road aforesaid
the place of BEGINNING. ,
BEING THE SAME PREMISES which Joan M. Pitnick, as Co-Executrix
of the Estate of Eugene Pitnick, Brian Joshua Pitnick, Richard
~ames Pitnick, and Scott Steven Pitnick, as Co-Executors of the
Estate of Eugene Pitnick; and Joan M. Pitnick, Brian Joshua
Pitnick, Richard James Pitnick, and Scott Steven Pitnick, as
Co-Trustees under that certain Revocable Trust Agreement dated
May 29, 1997, by Deed dated February 6, 1998 and recorded March
3, 1998 in the Office of the Recorder of Deeds in and for
Cumberland County, Pennsylvania, in Deed Book 172, Pa~e 1024,
granted and conveyed unto Ridley Park Investors Limited
Partnership, a Pennsylvania limited partnership.
FHLMC Loan No. 002771519
Financing Statement
Exhibit B
(Revision Date 11-01-2000)
All of Debtor's present and future right, title and interest in and to all of the following:
(1) All of thc following which arc used now or in the future in connection with the
ownership, management or operation of the real property described in Exhibit A and/or
the improvements on such real property (the "Property"): machinery, equipment,
engines, boilers, incinerators, installed building materials; systems and equipment for
the purpose of supplying or distributing heating, cooling, electricity, gas, water, air, or
light; antennas, cable, wiring and conduits used in connection with radio, television,
security, fire prevention, or fire detection or otherwise used to carry electronic signals;
telephone systems and equipment; elevators and related machinery and equipment; fire
detection, prevention and extinguishing systems and apparatus; security and access
control systems and apparatus; plumbing systems; water heaters, ranges, stoves,
microwave ovens, refrigerators, dishwashers, garbage disposers, washers, dryers and
other appliances; light fixtures, awnings, storm windows and storm doors; pictures,
screens, blinds, shades, curtains and curtain rods; mirrors; cabinets, paneling, rugs and
floor and wall coverings; fences, trees and plants; swimming pools; and exercise
equipment (any of the foregoing that are so attached to the Property as to constitute
fixtures under applicable law are referred to below as the "Fixtures");
(2) All furniture, furnishings, equipment, machinery, building materials, appliances, goods,
supplies, tools, books, records (whether in written or electronic form), computer
equipment (hardware and sofl~are) and other tangible personal property (other than
Fixtures) which are used now or in the future in connection with the ownership,
management or operation of thc Property or are located on the Property, and any
operating agreements relating to the Property, and any surveys, plans and specifications
and contracts for architectural, engineering and construction services relating to the
Property and all other intangible property and rights relating to the operation of, or used
in connection with, thc Property, including all governmental permits relating to any
activities on the Property (the "Personalty");
(3) All current and future rights, including air rights, development rights, zoning rights and
other similar rights or interests, easements, tenements, rights-of-way, strips and gores of
land, streets, alleys, roads, sewer rights, waters, watercourses, and appurtenances related
to or benefiting the Property, and all rights-of-way, streets, alleys and roads which may
have been or may in the future be vacated;
(4) All proceeds paid or to be paid by any insurer of the Property, the Fixtures, the
Personalty or any other item listed in this Exhibit B;
PAGE
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(5) All awards, payments and other compensation made or to be made by any municipal,
state or federal authority with respect to the Property, the Fixtures, the Personalty or any
other item listed in this Exhibit B, including any awards or settlements resulting from
condemnation proceedings or the total or partial taking of the Property, the Fixtures, the
Personalty or any other item listed in this Exhibit B under the power of eminent domain
or otherwise and including any conveyance in lieu thereof;
(6) All contracts, options and other agreements for the sale of the Property, the Fixtures, the
Personalty or any other item listed in this Exhibit B entered into by Debtor now or in
the future, including cash or securities deposited to secure performance by parties of
their obligations;
(7) All present and future leases, subleases, licenses, concessions or grants or other
possessory interests now or hereafter in force, whether oral or written, coveting or
affecting the Property, or any portion of the Property (including proprietary leases or
occupancy agreements if Debtor is a cooperative housing corporation), and all
modifications, extensions or renewals (the "Leases");
(8) All earnings, royalties, accounts receivable (including accounts receivable for all rents,
revenues and other income of the Property, including parking fees, charges for food,
health care and other services), issues and profits from the Property, or any other item
listed in this Exhibit B, and all undisbursed proceeds of the loan secured by the security
interests to which this financing statement relates and, if Debtor is a cooperative
housing corporation, maintenance charges or assessments payable by shareholders or
residents;
(9) All refunds (other than real property tax refunds applicable to periods before the real
property tax year in which the loan secured by the security interests to which this
financing statement relates was made) or rebates of (a) water and sewer charges, (b)
premiums for fire and other hazard insurance, rent loss insurance and any other
insurance required by Secured Party, (c) taxes, assessments, vault rentals, and (d) other
charges or expenses required by Secured Party to protect the Property, to prevent the
imposition of liens on the Property, or otherwise to protect Secured Party's interests
(collectively, the "Impositions") by any municipal, state or federal authority or
insurance company;
(10) All tenant security deposits which have not been forfeited by any tenant under any
Lease;
(11) All names under or by which the Property or any part of it may be operated or known,
and all trademarks, trade names, and goodwill relating to any of the Property or any part
of it; and
(12) All proceeds from the conversion, voluntary or involuntary, of any of the above into
cash or liquidated claims, and the fight to collect such proceeds.
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